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APPENDIX 3. Tax Increment Auplication Process. Applications requesting use of tax increment financing subsidies shall be <br />accompanied by the tollowing without exception: <br />A. Statement of public purposes as described in Sections 1, 2, and 3, (above) and benefits to citizens and community. <br />B. Description of the project the project construction value; and estimated net, new taYes; the number of permanent, net <br />new jobs to be created; and the estimated annual wages of the new jobs. <br />C. Site plans and preliminary architectural drawings of the project. <br />ll. Description of the size and experience of the development company and the potential occupant of the building. <br />E. StaYement of property ownership, partners, or representaYions. <br />F. A net worth statement of the proposed owner or developer. <br />G. Letter of financial feasibility from the lending institution and a letter from the lender stating that the project cannot be <br />built without additional assistance from the City. <br />H. A market analysis for the proposed use. <br />L A cash flow analysis and/or pro forma; the owner equity in the project and the amount to be financed (short-term <br />construction loans and long-term financing). <br />J. A zoning and planning analysis and recommendation regarding land use consistency from the City's Planning <br />Commission. <br />K. A statement from the School District, the County, and other affected taxing units which acknowledges the project and <br />states the impact this project will have upon them and any other comments they wish to forward to the City Council. <br />L. A deposit, of 55,000.00, for administrative services as determined by the City Council. <br />